Mortgage failures spark fears of foreclosure spike
U.S. · MEDIA
November 9, 20235 min read958 words
Published: November 9, 2023  |  5 min read958 words
Mortgage delinquencies are rising 15 percent year-over-year, signaling a potential increase in foreclosures as American households grapple with inflation, low housing supply and high mortgage rates. The trend marks the sixth consecutive quarter of delinquency increases, according...
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Great Context
Nov 9
Nice amount of context to past patterns and current statistics to give meaning to the spike. Comparison to prior years balances the warning so no panic is induced.
Nov 9
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